The following information was taken from the accounting records of Reliable Tool Corporation:
Work in process inventory, beginning of the year | $ 35,000 |
Cost of direct materials used | 245,000 |
Direct labor cost applied to production | 120,000 |
Cost of finished goods manufactured | 675,000 |
Overhead is assigned to production at $300,000. Compute the amount of the work in process inventory on hand at year-end.
We need at least 10 more requests to produce the solution.
0 / 10 have requested this problem solution
The more requests, the faster the answer.